u are saying AA which is diff , with this awesome Q2 result plus the fianlisation of AAC sales . the price i predict can easily go to RM4.5 in short term
hahahaha expected larr for aax... better keep aax away from aagb, although tony sure wont let aax die larr... but aac sales is under aagb not aax so..... u know larr... n i think tony is referring to aagb will be doing okay this year not aax... if aax was put under aagb then i think aa will die very fast
Maintain our BUY call. We expect full year earnings to stage a recovery in 2HFY18. This could be possible through further cost cutting initiatives, better capacity utilization and favourable seasonal factors in 4Q. Despite our lower assumptions of the FY18 and FY19 performance, our optimism on AAX’s prospect is tied to its long-term strategic plan of 1) further reduction in CASK following expansion plan; and 2) stronger focus in core markets. This will be supported by AAX’s gradual shift to modern fleet operation. It is poised to reap the first mover’s advantage in reducing cost and offering more competitive price given its position as the first airline in Asia to operate the A330neo. All things considered, we maintain our BUY call with an adjusted TP of RM0.40 pegging its EPS to PE of 8.5x.
decide not to hold and cut loss @ -10%. Reason business loss, purchase plane=high debt, competitive business in budget airline, uncertain oil price. More reason to sell then hold . good luck all...!
I thought so at first.. but thinking 1st batch of new plan delivery by 2H FY19. To see the turnover result it takes at least 2-3 years . If you can hold then encourage to buy but no guarantees of business will turnover.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Junhong Leong
35 posts
Posted by Junhong Leong > 2018-08-30 17:26 | Report Abuse
No idea... Still wait for it